Morning Minute: Chicago most affordable metro housing market for 2014

The Chicago metro area ranks No. 1 when it comes to affordable housing markets for 2014, according to a list from ZipRealty, NAR reports.

ZipRealty, a real estate brokerage firm, looked at 30 major U.S. metro areas and compared median home prices with family income data to rank the top 10 most affordable markets. Chicago outranked other cities on the affordable list such as Philadelphia, Orlando, Dallas and Tucson. Read more.

In other headlines:

NAR, Trade Groups Urge FAA to Clarify Drone Use – REALTOR® Magazine

Foreclosure activity at lowest level since 2Q 2007 – HousingWire

Foreclosures pick up in March from prior month – Chicago Tribune

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About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.